Sunndal Sparebank, a savings bank, provides banking products and services for private and corporate customers in Norway. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Sunndal Sparebank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUNSB is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SUNSB's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SUNSB underperformed the Norwegian Mortgage industry which returned 45% over the past year.
Return vs Market: SUNSB underperformed the Norwegian Market which returned 37.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sunndal Sparebank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StSunndal Sparebank (OB:SUNSB) Investors Should Think About This Before Buying It For Its Dividend
4 months ago | Simply Wall StShould You Buy Sunndal Sparebank (OB:SUNSB) For Its 6.4% Dividend?
8 months ago | Simply Wall StDoes Sunndal Sparebank (OB:SUNSB-ME) Have A Place In Your Dividend Stock Portfolio?
Is Sunndal Sparebank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SUNSB (NOK120) is trading below our estimate of fair value (NOK247.05)
Significantly Below Fair Value: SUNSB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SUNSB is poor value based on its PE Ratio (15.5x) compared to the XE Mortgage industry average (13.6x).
PE vs Market: SUNSB is poor value based on its PE Ratio (15.5x) compared to the Norwegian market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SUNSB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SUNSB is good value based on its PB Ratio (0.3x) compared to the XE Mortgage industry average (0.8x).
How is Sunndal Sparebank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sunndal Sparebank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Sunndal Sparebank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUNSB has high quality earnings.
Growing Profit Margin: SUNSB's current net profit margins (10.8%) are lower than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: SUNSB's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: SUNSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUNSB had negative earnings growth (-9.9%) over the past year, making it difficult to compare to the Mortgage industry average (-8.8%).
Return on Equity
High ROE: SUNSB's Return on Equity (6.6%) is considered low.
How is Sunndal Sparebank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SUNSB's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: Insufficient data to determine if SUNSB has a sufficient allowance for bad loans.
Low Risk Liabilities: 76% of SUNSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: SUNSB has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: SUNSB's Loans to Deposits ratio (121%) is appropriate.
Level of Bad Loans: Insufficient data to determine if SUNSB has an appropriate level of bad loans.
What is Sunndal Sparebank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUNSB's dividend (5%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.91%).
High Dividend: SUNSB's dividend (5%) is in the top 25% of dividend payers in the Norwegian market (4.95%)
Stability and Growth of Payments
Stable Dividend: SUNSB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SUNSB has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.6%), SUNSB's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jonny Engdahl serves as a Chief Executive Officer at Sunndal Sparebank.
Experienced Board: SUNSB's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sunndal Sparebank's company bio, employee growth, exchange listings and data sources
- Name: Sunndal Sparebank
- Ticker: SUNSB
- Exchange: OB
- Founded: 1892
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: kr162.857m
- Shares outstanding: 1.36m
- Website: https://sunndal-sparebank.no
Number of Employees
- Sunndal Sparebank
- Sunndalsveien 15
- Møre og Romsdal
Sunndal Sparebank, a savings bank, provides banking products and services for private and corporate customers in Norway. It offers payment and card solutions, such as BankID on mobile, bank cards, credit, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 16:21|
|End of Day Share Price||2021/05/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.